Advantage of the Four-Factor Model over Current Evaluation Techniques A fund’s investment performance is measured by its risk-adjusted return (alpha) which is the return of the fund minus the return of the fund’s benchmark. A fund’s perfect benchmark is a portfolio that (1) is fully diversified and (2) has precisely the same exposures to sources of risk (risk factors) in stock market returns as the fund. Forty years of capital markets’ research indicates that there are four risk factors in returns; a
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Riccardo Pelizzo Comparative Government 21 April 2003 Factors affecting Democratization The Third Wave of Democratization‚ written by Samuel P. Huntington‚ analyzes global political development of the late twentieth century. He examines the factors that induce a country to undergo the transition from a non-democratic form of government to a democratic form of government. He claims that there have been three waves of democratization‚ and his book particularly focuses on the third wave which
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1.1 Analyse the factors that drive change Change is to transform something. It is generally done for an improvement. It needs to be done for the right reason and to achieve an objective and it has to follow a process. It may be an individual is changing‚ an organization is changing or a society is changing. It is highly emotional and may cause upheavals and stress and resistance. Since we are dealing with children it is important that we prepare the children and the staff. Changes are resisted majority
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head: MCDONALD’S: A GIANT MARKET McDonald’s: A Giant Marketing Success Story in APA style (your name) (your school) McDonald’s 2 Abstract When it comes to marketing a business domestically and globally‚ a lot of environmental factors come into play. These can involve finances of a foreign country‚ customs‚ culture‚ and trends. McDonald’s has been a worldwide corporate success‚ and much of this success has been due to their marketing decisions. Here‚ we will find out what exactly
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Administration and Stakeholders factor Administration and Stakeholders factor A current study shown by the Health Resources and Services Administration (2004) confirmed that a variety of factors affect the demand and supply of direct-care in health care. These factors can be divided into two groups: policy controllers which they have important impact and exogenous factors‚ which policy makers have little or no control. Policy controls are recognized as; employee’s pay‚ behavior of employees‚ unionization
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quo. Assessing the target market’s evaluation of price tells the marketer how much emphasis to place on price and may help determine how far above the competition the company can set its prices. In Red bull’s case the price of $2.65 more than 0.35c than the other leading competitors V and Mother tells us what they think about their target market. The price tells us that the target market has characterised the product that signifies prominence and status i.e. the market has characterised
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Running head: DEMOGRAPHIC FACTORS RESEARCH Demographic Factors Research University of Phoenix MMPBL 560 Managing in a Cross-Cultural Environment October 19‚ 2009 Organizations around the world are experiencing the effects of cultural and global diversity. Kellogg‚ Starbucks‚ McDonald’s‚ and Arbor are four companies introduced in this paper. They have been researched in order to identify how each company is affected by demographic factors‚ how these factors are managed‚ and what systems
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The section “Factors motivating variation” of Chapter 2 of Introducing Sociolinguistics (Meyerhoff 2006) introduces four social factors that motivated people how to use language. Meyerhoff provides a rough introduction on these factors that would be discussed deeply in latter chapters. The first factor is speakers desire to show how to join in a group and separate from others. That means people use language to identify which group they belong to. Meyerhoff uses the Martha’s vineyard study
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external factors Internal factors that affect businesses come from within the business itself‚ without regard to any outside factors like customers and other businesses. External factors would be opposite. Internal factors: 1) Employee Turnover/Employee Satisfaction 2) Management of Resources 3) Research and Development External Factors: 1) Advertising 2) Quality of business reputation‚ or quality of products business produces 3) Competition by other businesses INTARNAL FACTORS [pic]
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Singapore Factors Affecting Language Learning Strategy Reported Usage by Thai and Vietnamese EFL Learners Attapol Khamkhien (faasapk@ku.ac.th) Kasetsart University‚ Thailand Abstract This paper is a report on an investigation into the relationship between three variables and language learning strategy use by Thai and Vietnamese university students using Oxford’s 80 item Strategy Inventory for Language Learning (SILL). Two main objectives of this study are: 1) to determine three factors: how gender
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